Category: Business
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JOB SECURITY DURING A PERIOD OF NATIONAL EMERGENCY- COVID-19 LOCKDOWN
The World Health Organization declares COVID-19 a pandemic on March 11, 2020. As at today the 8th of April, 2020 the virus had spread to 209 countries and territories with a total recorded cases of 1,498,013 and 87,731 deaths globally. Today, in Nigeria we have 254 confirmed cases with most parts of the country on […]
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How Top Entrepreneurs Rewire Their Brains For Creativity And Innovation
Contributed by Olajide Alphonso Creativity and innovation are very important to the success of your business. But even more important is the perception you have about what constitutes success because that is exactly what will matter most. Top entrepreneurs rewire their brains for creativity and innovation because they know that it is important for their growth. You […]
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STRATEGIES FOR GENERATING BUSINESS IDEAS THAT ATTRACT INVESTORS
The human mind consciously and sometimes subconsciously is a thought generating machine and a self-propelling processor of thoughts. The mind does not only processed thoughts it also warehouses these thoughts which are thrown up for human use. A thought or its combination gives birth to an idea or ideas. The distinction between thought and idea […]
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DISCRIMINATION AGAINST PERSONS WITH DISABILITIES (PROHIBITION) ACT, 2018: THE IMPLICATIONS FOR BUSINESSES AND HR PRACTICES IN NIGERIA
It is no longer news that President Muhammad Buhari signed into law on January 23, 2019 the “Discrimination Against Persons with Disabilities (Prohibition) Act 2018” which forbids all forms of discrimination (Access to company’s facilities, transportation and employment etc) against persons living with disabilities and imposes a fine of N 100,000 or a term of […]
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CAREER PLATEAU: IMPLICATIONS ON PRODUCTIVITY, EMPLOYEES MOTIVATION AND BUSINESS GROWTH
Career Plateau: Fundamentally, the relationship between the organization and the employees is that of a mutually beneficial one built on the fulcrum of the rendering of labor (ability, skills, and knowledge) in exchange for wages and other non-financial compensation or benefits calculated in productive terms or as services rendered to the organization. It is expected […]
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HR AND NON-COMPETE CLAUSES: THE BURDEN OF ENFORCEABILITY.
It is important to state here that many countries prohibit what can be termed as an act of unreasonable restraint and will only grant approval in limited circumstances to protect trade secrets or inventions. In Aprofim Engineering Nigeria Limited v Bigouret & Anor (2015) and in the case of Andreas. I. Koumolis v Leventis Motors […]
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MAKE $ 25 AS AN AFFILIATE BY REFERRING A FRIEND TO OPEN A PAYONEER ACCOUNT
httpsss://share.payoneer.com/nav/gos4C8s0X1dHzMrepFVE0cAvd3pAzPDNM5NgfR-fLmapS1AwYyvNUsvN-vMDWl1rDsIn6Pa6o7LKuGiBcu-UJQ2 Until recently I never knew it is this easy to make extra money using social media platforms such as Facebook, LinkedIn, Instagram, twitter account, and company website or personal blog page. All you need to do is to convert your page view to money through the Payoneer REFER-A-FRIEND program by placing a referrer code […]
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WHAT IS THE DIFFERENCE BETWEEN NETWORK MARKETING AND PONZI SCHEME?
Network Marketing explained Much effort has been made in the preceding articles in offering a definition of Network or Multilevel Marketing as a legitimate business regulated by the extant law of a country and regulated by trade and investment principles. Multi level marketing like every other business is managed by people and operated by those […]
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HOW TO CHOOSE A PROFITABLE DIRECT SALES MULTILEVEL MARKETING COMPANY AND SUCCEED AS A DIRECT SELLER
Undoubtedly, the direct sales industry is one of the biggest industries in the world, with revenue running into billions of dollar and sales consultants in millions across the world. The direct sales industry has come of age taking advantage of modern technologies and innovative approach to consumer and sales management. The magnitude of benefits that […]
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THE ADVENT OF DIRECT SALES COMPANIES IN NIGERIA
Documented evidence of the history of direct marketing channel may be lacking in Nigeria, however, the advent of modern direct sales companies in Nigeria can be traced to a company called Cross World Venture in the early 90s. This direct sales company was brought to Nigeria by a South African man by name Trevor Bible […]
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NETWORK OR MULTILEVEL MARKETING MODEL
Network Marketing (NM) also known as Multi Level Marketing (MLM) is about the most popular in the direct marketing and sales genre. It is commonly agreed to have started in the 1940s when it was adopted as a sales strategy by the California Vitamin Company that later became Nutralite. The company produces food supplement and […]
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HISTORICAL EVOLUTION OF DIRECT SELLING
For some known reasons, it was agreed by scholars that the history of direct selling, multilevel or network marketing could be traced to the Yankee Peddlers in Connecticut USA as far back as in the late 1600s. It was recorded that at that time farmers who were mostly colonists had started producing beyond their personal […]
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DIRECT SELLING: MULTILEVEL MARKETING AN UNTAPPED GOLDMINE IN NIGERIA
From time immemorial individuals had engaged in direct sales such as bartering or when farmers unconsciously cut off middlemen and sold their farms’ produce to the end-users. This mode of trading is as old as human civilization itself. In modern days, direct sales have crisscross national boundaries via mail order, the speedy delivery system of […]
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OUTSOURCING NOT CASUALIZATION A GLOBAL MANAGEMENT PRACTICE ITS LEGALITY AND THE NIGERIAN LAW
One of the grossly misunderstood human resource and management concepts and processes is outsourcing, more so, is the wrongful classification of outsourcing a global management practice alongside casualization or “contractualization”. Opinions on the appropriateness or otherwise of outsourcing as an acceptable global practice differ depending on the leaning and ideological camps of the writers. To […]
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OVERTIME WORK: THE BASIS, THE NIGERIAN LABOUR LAW, COMPUTATION, AND MODE OF PAYMENT.
Legislative actions, practices, customs, Treaties, and Conventions have standardized working hours as eight (8) hours per day and five (5) days per week. The Treaty of Versailles of June 28, 1919, which officially established the International Labour Office, now known as The International Labour Organization (ILO), puts a peg of finality on work hours and […]